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Solutions Initiative III

In 2011, the Peter G. Peterson Foundation launched the Solutions Initiative to bring together policy organizations from across the ideological spectrum to develop plans to achieve long-term fiscal sustainability. A year later, Solutions Initiative II addressed the near-term fiscal challenges of the "fiscal cliff" while offering updated long-term plans.

Today, America’s economic recovery is finally taking hold and current deficits are down from the record highs during the recession. But at the same time, far too many American families are being left out of the recovery, and our nation still faces an unsustainable long-term fiscal outlook, which threatens economic growth.

Against this backdrop — with progress made, but serious work to be done — the Foundation is undertaking Solutions Initiative III.

Experts from five leading think tanks — the American Action Forum, the American Enterprise Institute1, the Bipartisan Policy Center, the Center for American Progress, and the Economic Policy Institute — developed specific, "scoreable" policy proposals to set the federal budget on a sustainable, long-term path for prosperity and economic growth. The groups then recommended their top policy priorities for congressional policymakers and the incoming presidential administration. These proposals are being presented as part of the 2015 Fiscal Summit: Opportunity for America.

The plans presented under Solutions Initiative III make clear that there are many options available to build a brighter future. They provide a blueprint for lawmakers to chart a better course for America, with less debt, faster economic growth, broader prosperity, and enhanced economic opportunity and mobility.